18-September-2026
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GlobalFoundries, Marvell Expand Chip Capacity Deal for AI Data Center Connectivity
18-Sep-2026

GlobalFoundries and Marvell Technology have expanded their agreement to increase production capacity for a type of semiconductor used in high-speed optical connections in data centers. Shares of GlobalFoundries rose nearly 6% in premarket trading on Thursday, while Marvell was up 4.5%. Here are some details: • The multi-year agreement will increase capacity for GlobalFoundries' silicon germanium (SiGe) technology, which enables faster and more energy-efficient semiconductor devices, at its facility in Burlington, Vermont.

News Source:- https://money.usnews.com/investing/news/articles/2026-09-17/globalfoundries-marvell-expand-chip-capacity-deal-for-ai-data-center-connectivity